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Archive for the ‘Middle East’ Category

DUBAI: NAZA TTDI Sdn Bhd is actively promoting its property to the Middle East market following a “high level” of interest received.
Marketing and sales director SM Faliq SM Nasimuddin said in a statement many high profile investors from the Middle East had shown keen interest in the company’s projects particularly in its “jewel in the [...]

DUBAI: Khazanah Nasional Bhd’s Arab partners in the development of Medini, a 2,300-acre mixed project in Iskandar Malaysia, remain committed in spite of the global financial turbulence.
“It comes down to fundamentals. If you look at comparable rents (in Johor), they are 20% to 10% of Singapore’s,” John A. Thomas, an executive director of Mubadala, told [...]

Saudi Arabia’s quasi-parliament has approved a draft of the long-awaited mortgage law, paving the way for its approval by the government to allow more Saudis to own property and for banks to diversify income sources.
The advisory Shura Council, whose 150 members are appointed by the king, on Tuesday ended a debate on four components of [...]